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FX option expiries for 14 July 10am New York cut

The article highlights a single notable FX option expiry for EUR/USD at the 1.1400 level for the 14 July 10am New York cut. While the expiry is not tied to major technical significance, its size could act as a temporary magnet for price action and help cap upside or limit intraday movement ahead of the US CPI release later in the day. The piece says the dollar remains supported by recent US-Iran developments, but that has not produced much EUR/USD downside. Market attention is expected to shift decisively to the inflation data, which should overpower the expiry’s influence once released.

Category

EUR/USD

Sentiment

Neutral

Event

Market commentary

Reading time

1 min